Economic Analysis Workshop Available from FHWA

A 1-day workshop available from the Federal Highway Administration's (FHWA) Office of Asset Management looks at how State and local governments can apply economic analysis to highway decisionmaking. The free workshop covers a range of economic subjects, including inflation, life-cycle cost analysis, benefit-cost analysis (BCA), traffic forecasting, and risk analysis. Among the highlights of the workshop is a demonstration of how economic analysis models can be used, including a new project-level BCA model being deployed by FHWA. The workshop does not require a background in economics. For more information on scheduling the workshop, contact your local FHWA division office or Eric Gabler at FHWA, 202-366-4036 (email: eric.gabler@fhwa.dot.gov).